BrickellHouse - BrickellHouse Parking System - Robotic Parking at BrickellHouse - Sales 305-726-4312

BrickellHouse Condos - http://brickellhousesales.com Sales 305-726-4312

Called BrickellHouse, the $170 million project is part of a new wave of condo towers planned for downtown Miami, which saw development grind to a halt after the building frenzy that lasted from 2003 to 2008.

"Almost all of the [outstanding] inventory that we had has been absorbed in the last 18 months," said Harvey Hernandez, managing partner and chairman of Newgard Group. "It could not be a better moment for us to launch a project."

The 46-story tower is slated to have 374 residences, ranging from one bedrooms to penthouses. Specs include a rooftop sky deck, pool on the 46th floor and an automated robotic parking garage.

Buyers in large part will be charged with paying for the construction of the glossy tower under a financing model that will require purchasers to pay 70 percent of the asking price before construction is completed. That financing model — which is also being used for new condos recently pitched by Related Group — is more common in Latin America, where Brickell House will be heavily marketed. Prices start around $200,000.

"Let's be realistic. The majority of buyers in Miami come from outside of the country," Hernandez said. "Our buyers here, nobody has 70 percent. Nobody can afford that."

Hernandez said he believes the housing market will have substantially rebounded by the time the project opens, with strong international demand and a more vibrant downtown.

Additionally, a condo tower called Villa Magna is approved to open on a nearby plot with more direct water views than the land-locked Brickell House site, potentially providing stiff competition.

The BrickellHouse project, located off Brickell Avenue, is scheduled to open in 2014. A Meat Market restaurant has signed on to take up some of the project's ground-floor retail space, Newgard announced.

Contact The Santidrian Team 305-726-4312
THE BRICKELLHOUSE PROJECT

With its sandy beaches, skyscrapers, and sophisticated cultural and entertainment scene, few cities can rival Miami. Sited, in one of Miamis most coveted neighborhoods and less than a block from the crystal-blue waters of Biscayne Bay, BrickellHouse offers a central location for sophisticated urbanites to work and play.

There is an energy that thrives in the downtown environment of BrickellHouse. It is electric and sleek like the glow of lights and the texture of steel and glass. Life in Miami's Brickell area moves at the speed of technology. International business, government, education, world travel, entertainment, arts and culture all thrive here. City sidewalks bustle with a mix of work and play, power and pleasure. And in the center of it all—BrickellHouse, a home where the future is now.

INSPIRATION

"Just as Art Basel Miami has become an influential part of the cultural lives of Miamians, art will become an important element in our design for BrickellHouse. We are looking forward to creating new ways of combining art and luxury living." -- Glenn Pushelberg

Miami—one of the world's most exciting cities; Brickell—its most prestigious neighborhood. BrickellHouse, a 46-story ultra-modern luxury residential tower of light-swept rooms, spacious layouts, and cinematic views, boldly rises in the heart of this sleek, sophisticated enclave.

To ensure a perfect fusion of aesthetics and technology, the team partnered with the award-winning interior design firm, Yabu Pushelberg. In homage to the city's dynamic art and architectural scene, the designers implemented traditional art forms with cutting-edge digital installations, among them a surface that changes with the time of day and reflects the mood of occupants in the space.

With its provocative blend of modern design and avant-garde art, meticulous attention to detail, and leading-edge technology, BrickellHouse is the signature addresses for those who know.

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